$750,000
( )
 $4,026 est/mo Sourced by Back At You

405 Gaines School Rd,Athens, GA 30605

Athens, GA 30605

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Description

A 4,664 SF multi-tenant office building on 1.089 acres at the corner of Gaines School Road and Ponderosa Drive in east Athens, fully leased across six suites to health care, wellness and professional service users. In-place net operating income is $51,811. At $750,000 that is a 6.91% cap rate and $160.81 per square foot. Suites run from roughly 250 to 2,700 SF, with a weighted average remaining lease term of about 3.0 years. Leases are gross. Operating expenses run 32.0% of gross income, or $5.24 per square foot. Rent roll, lease abstracts and operating detail are available to qualified buyers under a confidentiality agreement.

Details

MLS #CL364952
Listing TypeFor Sale
StyleOffice
Sub-TypeResale
StatusActive
Year1955
Days On Site52
Listing Provided ByVirtual Properties Realty | Jacob Blickenstaff

Features

Story(s)2
ZoningC-O
Acreage1.03

Interior

Heating Yes / NoYes
Cooling Yes / NoYes
CoolingCentral Air, Electric, Heat Pump

Exterior

Community FeaturesCurbs, Gutter(s), Sidewalks
Construction MaterialsStucco
Security FeaturesNone

Utilities

UtilitiesUnderground Utilities

Taxes

Tax Legal Descriptionx

Area Information

StateGA
CountyClarke
CityAthens
Zip Code30605
Listing VS Median (in 30605)
Price:
$750,000
low | high
Med:
$295,000
100% of Average
On site:
52
low | high
Med:
90
57.777777777778% of Average
Sourced by Back At You

Market Activity 30605

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Contact

Learn More About This Property

HPW Wolf Perks

HPW Wolf Perks

Howard Perry and Walston

 (919) 789-5200affinityrelocation@hpw.com
StateGA
CountyClarke
CityAthens
Zip Code30605
Listing VS Median (in 30605)
Price:
$750,000
low | high
Med:
$295,000
100% of Average
On site:
52
low | high
Med:
90
57.777777777778% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 6:12:38 AM PDT

Coldwell Banker HPW Wolf Perks